The project is supported by Keppel Ltd., Keppel Asia Infrastructure Fund and Shell Singapore Pte. Ltd. Ltd. (formerly known as Shell Eastern Petroleum (Pte) Ltd).
Pan United aims to become Singapore’s concrete industry leader in carbon reduction from solar energy when the Cleantech Solar installation is completed in Q1 2024. The project is part of an ongoing three-year Memorandum of Understanding (MOU) signed in 2022. Ltd. in partnership with Shell Singapore Ltd. will explore decarbonization solutions in the construction and urban solutions industry. Adopting a solar power solution is a major step for Pan United in integrating renewable energy into its operations.
Cleantech Solar provides clean, sustainable, economically efficient and renewable energy to the world’s leading companies and is committed to supporting and accelerating the energy transition. The company has a peak 1.2 gigawatt (GWp) portfolio in seven countries, is expanding the deployment of renewable energy projects at a significant pace, and is positioned as the leading provider of green power in the region’s distributed energy sector. We are solidifying our position.
Mei Ng, Chief Executive Officer of Pan United, said: “We are delighted that our partnership with Shell advances our efforts to introduce renewable energy solutions that are essential to reducing the carbon footprint of our operations. I think so.” “Industry partnerships to harness collective strength are the surest way to decarbonise. Deploying solar PV in collaboration with Cleantech Solar is a sustainability initiative that builds on the ‘Energy Reset’ pillar of the Singapore Green Plan 2030. Support our efforts to contribute to this goal and move us closer to our sustainability goal of becoming a carbon-neutral ready-mix concrete company by 2050. ”
As part of the MOU signed in 2022, Pan United and Shell will continue to identify opportunities in areas such as electric mobility solutions, material recycling and other fleet management digitalization-enabled solutions.
Sachin Jain, Chief Executive Officer of Cleantech Solar, said: “Industry leaders like Pan United are leading the way in harnessing cost-effective clean energy to power their business operations and sustaining themselves and their nations. It’s heartening to see people contributing to addressing what’s possible.” “We are excited to work with PanUnited to advance our decarbonization efforts and look forward to the success of this green partnership.”
Image: Representatives of Cleantech Solar, Pan United and Shell Singapore at the signing ceremony on 2 February 2024. (LR: Mei Ng, Chief Executive Officer of Pan United; Richard Jolly, Senior Vice President, Distribution, Midstream Trading and Supply, Shell; Pan) – Ken Lo, Chief Operating Officer of United; Cleantech Solar (Mr. Brian Tan, Chief Financial Officer of Cleantech Solar; Mr. Clara Lim, Director of Corporate Finance and Finance of Cleantech Solar; Mr. Oh Kar Peng, Chairman of Shell Company, Singapore)
Additional Information:
clean tech solar
Pan United Co., Ltd.